Net Lease Wendy’s Property Profile and Cap Rates

Net Lease Wendy’s – Typical Property and Lease Terms

Price Range:	$1 mm - $5.5 mm
Cap Rate:	5.10%
Net Income:	$148,500
Price Per foot:	$675 PSF
Building Size:	3,050 SF
Lot Size:	1 Acre
Escalations:	10% Every 5 Years
Lease Term:	20 Years
Lease Type:	NNN
Credit Rating:	B+ (S&P)

 

Tenant Company Information:

The Wendy’s Company, together with its subsidiaries, operates as a quick-service restaurant company. It operates through three segments: Wendy’s U.S., Wendy’s International, and Global Real Estate & Development. The company is involved in operating, developing, and franchising a system of quick-service restaurants specializing in hamburger sandwiches. As of December 29, 2019, it operated approximately 357 company owned restaurants; 5,495 franchised restaurants in the United States; and 936 franchised restaurants internationally. The company also owns and leases real estate properties. As of December 29, 2019, it owns 512 and leases 1,248 properties, which are leased or subleased primarily to franchisees. The company was formerly known as Wendy’s/Arby’s Group, Inc. and changed its name to The Wendy’s Company in July 2011. The Wendy’s Company was founded in 1969 and is headquartered in Dublin, Ohio.

 

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